149 result(s) for repayment
Pension Fund Money Melts Away In Hungary
- 3 Oct 2013 9:00 AM
- business
The Ft 3 trillion taken from private pension funds in 2011, when the government nationalised such funds, had dwindled to Ft 218.7 billion by the end of July, Világgazdaság writes. The bulk of the money, Ft 1.85 trillion, was spent on reducing the state debt, including the repayment of IMF loans.
Budapest Aims To Avoid Congestion Fee
- 14 Sep 2013 9:00 AM
- getting around
Budapest is sending a three-member delegation to Brussels in an effort to avoid or postpone the introduction of a congestion charge, which was a condition of EU funding for the fourth metro line. EU officials have not responded to a letter from Budapest city council but EU officials have confirmed on all of their visits to Budapest that they will not agree to waive the requirement for a ...
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Stronger Hungarian Forint Helps Lower State Debt
- 28 Aug 2013 9:00 AM
- business
Hungary's gross consolidated debt, calculated according to the Maastricht criteria, stood at Ft 23.2 trillion, or 81.4% of GDP, at the end of June, the MNB announced. The figure is up from 78.7% one year earlier, but lower than the 82.4% at the end of March.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Pension Fund Money Melts Away In Hungary
- 3 Oct 2013 9:00 AM
- business
The Ft 3 trillion taken from private pension funds in 2011, when the government nationalised such funds, had dwindled to Ft 218.7 billion by the end of July, Világgazdaság writes. The bulk of the money, Ft 1.85 trillion, was spent on reducing the state debt, including the repayment of IMF loans.
Budapest Aims To Avoid Congestion Fee
- 14 Sep 2013 9:00 AM
- getting around
Budapest is sending a three-member delegation to Brussels in an effort to avoid or postpone the introduction of a congestion charge, which was a condition of EU funding for the fourth metro line. EU officials have not responded to a letter from Budapest city council but EU officials have confirmed on all of their visits to Budapest that they will not agree to waive the requirement for a ...
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Stronger Hungarian Forint Helps Lower State Debt
- 28 Aug 2013 9:00 AM
- business
Hungary's gross consolidated debt, calculated according to the Maastricht criteria, stood at Ft 23.2 trillion, or 81.4% of GDP, at the end of June, the MNB announced. The figure is up from 78.7% one year earlier, but lower than the 82.4% at the end of March.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...